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Apex Trader Funding (ATF) - News

E2open Q1 Disappoints: Revenue Falls Short, Stock Price Plummets

E2open Parent Holdings, Inc. (NYSE:ETWO) shares are trading lower after the company reported first-quarter FY25 results. Revenue declined 5.6% Y/Y at $151.2 million, missing the consensus of $155.0 million. Subscription revenue fell 2.6% Y/Y to $131.4 million. Adjusted gross profit fell 7.1% Y/Y to $102.6 million, with gross margin contracted to 67.8% from 69.0% a year ago. Adjusted EBITDA fell 5.7% Y/Y to $50.7 million, with a margin of 33.6% (flat Y/Y). Adjusted EPS stood at $0.04, in line ...